Common use of Restrictions on Transfer of Limited Partner Interests Clause in Contracts

Restrictions on Transfer of Limited Partner Interests. 9.3(a) Except as provided below, no Limited Partner may withdraw from the Partnership prior to its dissolution and no Limited Partner may sell, transfer or assign, by gift or otherwise, nor mortgage, pledge, hypothecate, encumber or otherwise dispose of, directly or indirectly, all or any part of his/her Limited Partner interest without the prior consent of all the General Partners.

Restrictions on Transfer of Limited Partner Interests. 9.3(a(a) Except as provided below, no Limited Partner may withdraw (disassociate) from the Partnership prior to its dissolution and no Limited Partner may sell, transfer or assign, by gift or otherwise, nor mortgage, pledge, hypothecate, encumber or otherwise dispose of, directly or indirectly, all or any part of his/her Limited Partner interest without the prior consent of all the General Partners.